I heard that insurance in Europe and USA is much cheaper than what we pay in Singapore. The insurance of my 12C spider is US$13,900 or 8,900 pounds. This is before the 50% no claim bonus i enjoy. So i am paying half of the above to insure my car. The insurance also only covers named drivers, usually up to 2 other named drivers who the insurance co must agree subject to their driving records. Just curious to find out how much fellow owners pay in different countries. I would not be surprise Singapore is the most expensive as our car prices are stupid.